Myers Industries Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $17.3
- Today's High:
- $17.74
- Open Price:
- $17.65
- 52W Low:
- $15.6519
- 52W High:
- $25.9332
- Prev. Close:
- $17.74
- Volume:
- 104511
Company Statistics
- Market Cap.:
- $655.21 million
- Book Value:
- 7.459
- Revenue TTM:
- $865.10 million
- Operating Margin TTM:
- 8.23%
- Gross Profit TTM:
- $284.07 million
- Profit Margin:
- 5.86%
- Return on Assets TTM:
- 8.11%
- Return on Equity TTM:
- 19.81%
Company Profile
Myers Industries Inc had its IPO on 1987-09-08 under the ticker symbol MYE.
The company operates in the Consumer Cyclical sector and Packaging & Containers industry. Myers Industries Inc has a staff strength of 2,500 employees.
Stock update
Shares of Myers Industries Inc opened at $17.65 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $17.3 - $17.74, and closed at $17.33.
This is a -2.31% slip from the previous day's closing price.
A total volume of 104,511 shares were traded at the close of the day’s session.
In the last one week, shares of Myers Industries Inc have slipped by -8.52%.
Myers Industries Inc's Key Ratios
Myers Industries Inc has a market cap of $655.21 million, indicating a price to book ratio of 3.4564 and a price to sales ratio of 0.9595.
In the last 12-months Myers Industries Inc’s revenue was $865.10 million with a gross profit of $284.07 million and an EBITDA of $93.25 million. The EBITDA ratio measures Myers Industries Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Myers Industries Inc’s operating margin was 8.23% while its return on assets stood at 8.11% with a return of equity of 19.81%.
In Q2, Myers Industries Inc’s quarterly earnings growth was a negative -32.9% while revenue growth was a negative 10.6%.
Myers Industries Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 12.9927
- PEG
- 14.87
Its diluted EPS in the last 12-months stands at $1.37 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 14.87. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Myers Industries Inc’s profitability.
Myers Industries Inc stock is trading at a EV to sales ratio of 1.0873 and a EV to EBITDA ratio of 9.7452. Its price to sales ratio in the trailing 12-months stood at 0.9595.
Myers Industries Inc stock pays annual dividends of $0.54 per share, indicating a yield of 3.03% and a payout ratio of 36.99%.
Balance sheet and cash flow metrics
- Total Assets
- $542.71 million
- Total Liabilities
- $164.31 million
- Operating Cash Flow
- $-15234000.00
- Capital Expenditure
- $6.13 million
- Dividend Payout Ratio
- 36.99%
Myers Industries Inc ended 2024 with $542.71 million in total assets and $0 in total liabilities. Its intangible assets were valued at $542.71 million while shareholder equity stood at $274.42 million.
Myers Industries Inc ended 2024 with $0 in deferred long-term liabilities, $164.31 million in other current liabilities, 22572000.00 in common stock, $-50717000.00 in retained earnings and $95.39 million in goodwill. Its cash balance stood at $30.69 million and cash and short-term investments were $30.69 million. The company’s total short-term debt was $32,214,000 while long-term debt stood at $52.99 million.
Myers Industries Inc’s total current assets stands at $256.62 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $116.77 million compared to accounts payable of $81.74 million and inventory worth $98.24 million.
In 2024, Myers Industries Inc's operating cash flow was $-15234000.00 while its capital expenditure stood at $6.13 million.
Comparatively, Myers Industries Inc paid $0.37 in dividends in 2024.
Other key metrics
- Current Trading Price
- $17.33
- 52-Week High
- $25.9332
- 52-Week Low
- $15.6519
- Analyst Target Price
- $25.38
Myers Industries Inc stock is currently trading at $17.33 per share. It touched a 52-week high of $25.9332 and a 52-week low of $25.9332. Analysts tracking the stock have a 12-month average target price of $25.38.
Its 50-day moving average was $18.92 and 200-day moving average was $20.57 The short ratio stood at 4.84 indicating a short percent outstanding of 0%.
Around 141.1% of the company’s stock are held by insiders while 9193.6% are held by institutions.
Frequently Asked Questions About Myers Industries Inc
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About
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.